Midday update for Gold 22-11-2018
Economies.com
2018-11-22 10:36AM UTC
Gold price shows tight trades since morning, and it attempts to crawl gradually towards our waited positive target at 1238.30, supported by moving above the EMA50, and as long as the price is above 1208.40m the bullish trend scenario will remain active in the upcoming sessions, reminding you that surpassing the targeted level will extend Gold price gains to reach 1262.51.
Expected trading range for today is between 1215.00 support and 1240.00 resistance.
Expected trend for today: Bullish
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